ETHUSDT - Retest of $250 is highly likely

Ethereum price is still moving in the range on daily for 17 days and currently hovered in the center of the range. Not the best place to enter a position, R:R is kinda bad.

Looking at the chart here is my plan:

- If daily will close below the purple block (or ~$220) I enter the short targeting $200.
- If the price of Ethereum will break up $250 resistance I think it will be fly up to $300.

I'm considering taking a breakout long near $250, because this resitance was tested so many time that it should fall soon.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.
altcoinBeyond Technical AnalysiscryptocryptotradingETHETHBTCEthereum (Cryptocurrency)ETHUSDTSupport and ResistanceTrend Analysis

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